Xencor (XNCR) Tax Rate (2016 - 2019)
Xencor's Tax Rate came in at 0.91% for Q2 2026, down 0.05 percentage points from 0.97% a year earlier but up 1.15 percentage points from the prior quarter.
Xencor (XNCR) Tax Rate (2016 - 2019) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Xencor reported Tax Rate of -1.55%, down 0.54 percentage points year-over-year; for FY2025, it was -2.79%, down 2.11 percentage points from FY2024.
- Tax Rate carries a three-year change of -1.51 percentage points (FY2022 to FY2025).
- Going back by year, Tax Rate was -0.69% in FY2024 (+10.73 pp), -11.42% in FY2023 (-10.14 pp) and -1.28% in FY2022.
- The five-year range for quarterly Tax Rate is -108.02% (Q4 2023) to 3.21% (Q4 2022).
- Year-over-year, Tax Rate increased in two of the last four quarters, with an average year-over-year change of +13.15 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 20.98% |
| 10 | Xencor | 1.85 Bn | 270.30 Mn | - | - |
Xencor Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=XNCR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "XNCR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=XNCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();